Problems and Prospects of Woman Entrepreneurship – A Review of Literature

Abstract

See, stats, and : https : / / www. researchgate. net / publication / 313369881 Problems Entrepreneurship – A Article DOI : 10 . 9790 / 487X - 1901065560 CITATIONS 0 READS 18 2 , including : Some : IMPACT - MARKETING SOCIO Parul JECRC 10 SEE All . The . Abstract : Any nation , to grow today in the world of intense competition , requires entrepreneurs at the core of the economic development . Entrepreneurial activities and entrepreneurship has been dominated by males since ages . However , in the era of information technology , the women have become more aware and better educational facilities have enabled them to venture into this male dominated space . The women today have emerged as a key player in economic development of the nations . However this transformation of society is far from over and the women entrepreneurs not only face difficulties while starting up an enterprise but also during the running phase . Globally , they have become a key player in sustaining both social development and economic growth . However , in a country like India where almost 50% of population is made up of women , the number of enterprises run by women entrepreneurs is only 7 . 36% or out of 361 . 76 Lakh enterprises in the MSME sector , only 26 . 61 Lakh have women at the top . There are a number of socio - economic hurdles faced by the women while they attempt to venture into setting up and running their own enterprises . Hence , the paper discusses the status of the Women Entrepreneurs and their importance . Also , an attempt is made to identify the challenges faced by these women entrepreneurs , by reviewing various literatures and provide some suggestion for overcoming these obstacles .